Construct · 1 fields · 1 citations

marginal value of cash: a standalone construct

One name. One construct. A landmark on the map.

● anchor · a standalone construct Nearest construct by meaning·not indexed
marginalvalue of cash1 CONSTRUCTMarginal value of cashFAULKENDER · CORPORATE FINANCE

A single standalone construct; nearby constructs are located against it in the Collider. Tap a field for its definition, unit, and measures.

Corporate finance

change in shareholder value associated with an additional dollar of corporate cash, which varies with financial constraints and leverage.

In corporate finance, marginal value of cash refers to change in shareholder value associated with an additional dollar of corporate cash, which varies with financial constraints and leverage. This meaning comes from Faulkender (2006) in The Journal of Finance.[1]

Unit
Recovery means
Measured by

Next

Run it through the Collider, or take the citations with you.

See how marginal value of cash sits against neighbouring constructs in the Collider, or export every reference on this page in one click.

Open in ColliderExport BibTeXReport this entry

Nearby constructs

financing constraints1 fields · 1 citationsanchor · a standalone constructleverage6 fields · 15 citationsjingle · one name, six constructsmarginal3 fields · 3 citationsjingle · one word, three constructs

References

  1. Faulkender, M., & Wang, R. (2006). Corporate Financial Policy and the Value of Cash. The Journal of Finance, 61(4), 1957-1990. https://doi.org/10.1111/j.1540-6261.2006.00894.x

Cited on this page?

Confirm your construct, or correct us.

If your work is cited behind one of these entries, you know better than we do whether we captured the meaning right. Confirm it, suggest an edit, or dispute it, and your name goes on the entry as an author who has checked it, linked to your ORCID.

Claim your construct